Share on StockTwits

Shares of Capita PLC (LON:CPI) have received a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the stock, Stock Ratings News reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,204.22 ($20.20).

Shares of Capita PLC (LON:CPI) traded up 0.68% during mid-day trading on Wednesday, hitting GBX 1186.00. 344,458 shares of the company’s stock traded hands. Capita PLC has a 1-year low of GBX 932.00 and a 1-year high of GBX 1248.00. The stock has a 50-day moving average of GBX 1162. and a 200-day moving average of GBX 1108.. The company’s market cap is £7.806 billion.

The company also recently announced a dividend, which is scheduled for Tuesday, October 7th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 9.60 ($0.16) per share. This represents a dividend yield of 0.79%. The ex-dividend date is Wednesday, August 27th.

CPI has been the subject of a number of recent research reports. Analysts at Credit Suisse downgraded shares of Capita PLC to a “neutral” rating in a research note on Friday, August 1st. They now have a GBX 1,215 ($20.38) price target on the stock, down previously from GBX 1,250 ($20.97). Separately, analysts at HSBC reiterated an “overweight” rating on shares of Capita PLC in a research note on Monday, July 28th. They now have a GBX 1,340 ($22.48) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Capita PLC in a research note on Thursday, July 24th. They now have a GBX 1,300 ($21.81) price target on the stock.

Capita plc is a United Kingdom- based company which provides business process management and integrated professional support service solutions.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.